QUASAR DEVELOPMENTS LTD
Company number 08423355 · Monitor this company
Executive summary
Quasar Developments Ltd represents a case study in undercapitalised expansion within the domestic construction sector—persistent negative net assets were compounded by a debt-fuelled scaling attempt that saw liabilities surge over 500% in two years. The company's dissolution confirms that without adequate equity buffers, operational depth, or workforce investment, even favourable market conditions cannot rescue a fundamentally insolvent position. The name shown to subscribers family's next venture must prioritise capital adequacy and organic growth over leverage-dependent scaling.
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Shareholders' funds
-£24,387
Balance sheet as at 2023-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-02-28
- Dissolved
- 2026-09-29
- Registered office
- 3 Cambrai Road, Bulford, Salisbury, England, SP4 9FX
- Postcode
- SP4 9FX
- Capital
- 20 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-03-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2025-08-08
Nature of business (SIC)
- 41202 Construction of domestic buildings
Officers 2 current · 1 resigned
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 95 FURZE PARK ROAD, BRATTON FLEMING, BARNSTAPLE, DEVON, EX31 4TA, UNITED KINGDOM | 2014-04-14 |
The class of 2013
32%
of the 3,980 companies in this sector incorporated in 2013 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.